Prime Minister Datuk Seri Najib
"Settlers who are with FELDA are eligible to receive
Joining the 5,000 settlers at the event were Negeri Sembilan Menteri Besar Datuk Seri Mohamad Hasan and FELDA chairman Tan Sri MOhd Isa Abdul Samad.
Setters who are not with FELDA are those who did not participate in the conglomerate's replanting schemes or do not sell their produce to FELDA, or carry out land activities without FELDA's
In this regard, Najib urged settlers to continue to be with FELDA and support all efforts implemented by FELDA in raising their income.
"We need to be with FELDA, do not stray too far away...
He said FELDA has various plans to improve the income of settlers and overcome the constraints of land to be developed as plantations in the country.
He said FGV planned to purchase 420,000 hectares of land in Papua New Guinea which could generate revenue double the amount in this country as the volcanic land there is fertile.
Apart from that, he said FGV was also proposing to buy 37 per cent of PT Eagle High Plantations, an Indonesian plantation company for US$680 million as a long term investment.
"However, we have not
"FGV also said it planned to enter the Indonesian market to sell various FELDA products including cooking oil," he added.
Najib said if all the investments were successfully concluded, they could raise the income of FELDA settlers apart from strengthening FGV shares.